Virtu Financial, Inc. (NASDAQ:VIRT) Expected to Earn Q1 2025 Earnings of $0.68 Per Share

Virtu Financial, Inc. (NASDAQ:VIRT) – Equities researchers at Zacks Research raised their Q1 2025 earnings estimates for shares of Virtu Financial in a research report issued on Tuesday, September 17th. Zacks Research analyst K. Dey now expects that the financial services provider will post earnings per share of $0.68 for the quarter, up from their previous estimate of $0.67. The consensus estimate for Virtu Financial’s current full-year earnings is $2.42 per share. Zacks Research also issued estimates for Virtu Financial’s Q2 2025 earnings at $0.61 EPS, FY2025 earnings at $2.50 EPS and FY2026 earnings at $2.37 EPS.

Virtu Financial (NASDAQ:VIRT) last issued its quarterly earnings data on Thursday, July 18th. The financial services provider reported $0.83 EPS for the quarter, topping the consensus estimate of $0.60 by $0.23. Virtu Financial had a net margin of 7.59% and a return on equity of 22.74%. The business had revenue of $385.10 million during the quarter, compared to analyst estimates of $331.92 million. During the same period last year, the business posted $0.29 earnings per share. Virtu Financial’s quarterly revenue was up 38.2% compared to the same quarter last year.

VIRT has been the subject of a number of other research reports. Bank of America increased their price objective on Virtu Financial from $25.00 to $37.00 and gave the stock a “buy” rating in a report on Monday, July 22nd. The Goldman Sachs Group increased their price target on shares of Virtu Financial from $22.00 to $26.00 and gave the stock a “neutral” rating in a research note on Monday, July 22nd. StockNews.com raised shares of Virtu Financial from a “sell” rating to a “hold” rating in a research note on Wednesday, June 19th. Piper Sandler raised their target price on shares of Virtu Financial from $25.00 to $31.00 and gave the company an “overweight” rating in a research note on Friday, July 19th. Finally, Citigroup lifted their target price on shares of Virtu Financial from $26.00 to $32.00 and gave the company a “buy” rating in a report on Friday, July 19th. Five analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat, Virtu Financial currently has an average rating of “Hold” and a consensus target price of $27.36.

Virtu Financial Trading Down 2.3 %

VIRT opened at $31.64 on Friday. The company has a quick ratio of 0.43, a current ratio of 0.43 and a debt-to-equity ratio of 1.22. Virtu Financial has a 52 week low of $16.02 and a 52 week high of $32.88. The stock has a market cap of $4.93 billion, a PE ratio of 22.13, a PEG ratio of 0.52 and a beta of 0.38. The business has a 50 day moving average of $29.03 and a 200-day moving average of $24.27.

Virtu Financial Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Sunday, September 15th. Stockholders of record on Sunday, September 1st were paid a $0.24 dividend. The ex-dividend date of this dividend was Friday, August 30th. This represents a $0.96 annualized dividend and a dividend yield of 3.03%. Virtu Financial’s dividend payout ratio is presently 67.13%.

Insider Transactions at Virtu Financial

In related news, Director Virginia Gambale sold 5,400 shares of the firm’s stock in a transaction that occurred on Monday, August 5th. The shares were sold at an average price of $27.30, for a total transaction of $147,420.00. Following the completion of the sale, the director now owns 24,122 shares of the company’s stock, valued at $658,530.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 46.70% of the company’s stock.

Institutional Trading of Virtu Financial

Institutional investors and hedge funds have recently modified their holdings of the business. Renaissance Technologies LLC lifted its holdings in shares of Virtu Financial by 3.5% during the second quarter. Renaissance Technologies LLC now owns 3,643,686 shares of the financial services provider’s stock valued at $81,801,000 after purchasing an additional 124,563 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in Virtu Financial by 5.2% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,868,222 shares of the financial services provider’s stock valued at $37,851,000 after acquiring an additional 92,279 shares during the period. Bank of New York Mellon Corp boosted its holdings in shares of Virtu Financial by 39.2% during the 2nd quarter. Bank of New York Mellon Corp now owns 1,215,833 shares of the financial services provider’s stock valued at $27,295,000 after acquiring an additional 342,327 shares during the last quarter. Charles Schwab Investment Management Inc. grew its stake in shares of Virtu Financial by 8.3% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,123,418 shares of the financial services provider’s stock worth $22,760,000 after acquiring an additional 86,313 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. grew its stake in shares of Virtu Financial by 1.0% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 799,623 shares of the financial services provider’s stock worth $16,408,000 after acquiring an additional 7,721 shares during the period. Institutional investors own 45.78% of the company’s stock.

About Virtu Financial

Virtu Financial, Inc operates as a financial services company in the United States, Asia Pacific, Canada, EMEA, Ireland, and internationally. The company operates through two segments, Market Making and Execution Services. Its product includes offerings in execution, liquidity sourcing, analytics and broker-neutral, capital markets, and multi-dealer platforms in workflow technology.